Introducing LEAN

In summary, LEAN is a methodology which strives to produce efficiency and effectiveness by sustaining a high-quality outcome with the least amount of financial expenditure. LEAN methodology constantly looks at improving systems, processes, and techniques to sustain or increase customer satisfaction. LEAN is available everywhere, not just in high end establishments, it can be found in retailers, hospitals, offices, manufacturing establishments, thus making it play a large part in public and private domains. Therefore, meaning that you’ll be more than likely exposed to LEAN and its principles. If we look at the wider picture, LEAN has an effect on your actual lifestyle, ultimately, any company’s primary objective is to remain competitive in its market, and to survive, and thus whilst it does this, it offers employment, and hence you get paid and maintain your lifestyle, because there is always a customer that requires your services, which are at a satisfactory grade. In general, businesses are always under threat from domestic to international competitors, this is the global economy nowadays, there’s always someone trying to take your customers. Thus, increasing competitiveness, increases how much sought after your services will be, as your characteristics will be at a higher quality.

Learning Objectives:
• Identify what the LEAN methodology is, and why it is used around the world by various establishments
• Analyse which competitors and organisations utilise LEAN
• Outline how you can better adapt LEAN to your ethos and increase your competitiveness